The United Arab Emirates has seen a considerable increase in the number of companies set up in the country. It is also considered a breeding ground for businesses from all around the world. Many functions should be performed while establishing a business, such as accounting and auditing, as these functions can have a significant implication […]

On 1st Jan 2018, the United Arab Emirates have implemented the concept of Value-Added-Tax (VAT), to build a unique route for revenue generation. This concept gets implied on the business entities who are entitled to deal with VAT with a rate of 5 percent. Over the implementation of the same, there is another concept referred to […]

To make the company a successful one, the management should pay close attention to the finances of the company and how they are handled. Initially, the funds of the company can be managed by the owner of the company, but as the size of the company grows, the finances of the company become more complex. […]

Starting a business in the UAE is a feasible option for business investors and entrepreneurs. However, it is to be noted that once the business entity gets established, the real challenge is to maintain its existence. Any small move or miscommunication in the internal proceedings might have a drastic impact on the business entity in […]

It is a well-known fact that a business entity needs to undergo the audit process once in the financial year. Now, proceeding ahead alone with the business audit is a crucial task as it involves inspection and scrutiny of multiple scenarios. However, there are chances of error in the internal report that is not well-versed […]

Over the past few years, there has been a massive increase in the growth of business entities in the region of Dubai. Holding the flexibility of providing a perfect investment ground, the government has taken multiple strategies to ease the business setup process in the area of the UAE. Now, as per the stated guidelines, […]

Performing an Audit of the company is looked upon as an obligation and not as an opportunity, but gradually this mind-set of the people is changing. Now, if the company is going into losses or is nor performing as planned, then the first thing that the management performs is an Audit. The Financial Audit of […]

The main aim of any business organization is to make a profit for them as well as the shareholders of the company. This aim can be achieved by availing proper Accounting and Auditing services. Auditing plays a huge role in the development of a business. Not only it will provide information about the internal processes […]

Audit services in UAE are vital for businesses of all types and sizes. Negligence in auditing or choosing a random audit firm in UAE can also cause you a severe penalty.  Audit service in UAE from a reputed audit firm will save you time and money. People might ignore company audits, thinking it’s time-consuming; yes, […]

A tax audit is an examination for a business entity that is meant to uncover the fraud and inaccurate proceedings related to tax and its filing and return. In Jan 2018, the UAE government initiated the VAT proceedings that is a consumption tax. Now, according to the legal laws, a UAE established company needs to […]